I have given 25% of my wealth to charity: Premji

"...very often, it's more difficult to use money well in philanthropy than instituting money into philanthropy. We want to be sure that we continue to use it well and we don't continue to substitute the responsibility of government and that's very critical," he added.

"We supplement and enhance what they (government) are doing and don't substitute what they are doing," said Premji, who is the first Indian to join the 'giving pledge' club, set

up by Microsoft co-founder Bill Gates and billionaire invest Warren Buffet to encourage the world's wealthiest to donate at least half of their fortunes to charity.

I have given 25% of my wealth to charity: Premji

The IT czar had donated 8.7 per cent from his personal stock-holding in Wipro for philanthropy in 2010. This had formed the endowment for the Azim Premji Foundation, a not-for-profit organisation set up in 2001.

Giving more to philanthropy, Premji in February this year had announced transfer of 295.5 million equity Wipro shares worth Rs 12,300 crore (Rs 123 billion) held by certain entities controlled by him to an irrevocable trust.